February 2nd, 2022: IWM and QQQ Chart Update
Posted by pugsma on February 2, 2022
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SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on February 2, 2022
8:50 am EST: A quick IWM and QQQ 60-min Chart update after the open. IWM looks particularly weak, just barely retracing above 23% Fib of 201.05 versus the QQQ reaching close to the 50% Fib at 271.43 and SP500 reaching near the 62% Fib of 4593.
IWM 60-min chart:
QQQ 60-min chart:
This entry was posted on February 2, 2022 at 9:50 am and is filed under IWM, Premium, QQQ. Tagged: Elliott Wave Technical Analysis, IWM Technical Analysis, QQQ Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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